Alecta Optimal Pension (ITP 1)

Alecta Optimal Pension (ITP 1)

Alecta Optimal Pension (ITP 1) operates as a multi-employer defined contribution vehicle. The plan is owned and governed by the Confederation of Swedish Enterprise and PTK. The portfolio includes direct real-estate assets through Alecta Fastigheter AB valued at 5.32 billion USD, a minority stake in Heimstaden Bostad valued at 4.009 billion USD, and infrastructure commitments to Brookfield Super-Core Infrastructure Partners, Antin Infrastructure Partners IV, and Allianz European Infrastructure Fund. Public equity holdings include Microsoft, Alphabet, NVIDIA, and Amazon. Private holdings include Polarium, Epidemic Sound, and a 20 percent stake in Apotea. The fund employs Northern Trust as global custodian and maintains memberships in the Net-Zero Asset Owner Alliance, PRI, IIGCC, and Climate Action 100+. No operational events from the last 24 months appear in available records. Ownership by the two labor-market partners creates a governance structure distinct from single-sponsor pension plans, with investment decisions tied to collective agreements rather than a single corporate sponsor.